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News Release: Just Financed — Mercy Medical Arts
3683 S Miami Ave. | Miami, FL Berkadia Medical & Life Sciences is pleased to announce the refinancing of the Mercy Medical Arts Building (the “Property”), a five-story, Class A outpatient medical facility located on the campus of the HCA Mercy Florida Hospital in Miami. The Property encompasses a total of 104,238 square feet and […]
News Release: Hoar Announces Completion of West Bed Tower Expansion at Shannon Medical Center
Leveraging robots and innovative construction techniques, Hoar completed the job on schedule with minimal disruptions SAN ANGELO, Texas (August 22, 2024) – Hoar Construction announced today the completion of the west bed tower at Shannon Medical Center in San Angelo, Texas. The seven-story, 140,000 square-foot expansion broke ground in early 2023 and will allow the […]
News Release: BioMed Realty Celebrates 20 Years of Delivering Mission-Critical Life Science Real Estate
SAN DIEGO–(BUSINESS WIRE)–BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, today announced the celebration of the Company’s 20th anniversary. Founded in 2004, BioMed Realty was one of the first real estate companies to cater to the life science industry, delivering Class A, mission-critical lab space to the […]
News Release: The RMR Group Announces Vertex Pharmaceuticals’ 15-Year Lease Renewal for 1.1 Million Square Feet in Boston’s Seaport District
NEWTON, Mass.–(BUSINESS WIRE)—The RMR Group (Nasdaq: RMR) today announced the early renewal of the Vertex Pharmaceuticals Incorporated (“Vertex”) lease for 1.1 million square feet of office and laboratory space at 50 Northern Avenue and 11 Fan Pier Boulevard in Boston, Massachusetts. Vertex’s existing lease, which expires in December 2028, was extended for approximately 15 years, […]
News Release: NGHS opens urgent care and six other specialty practices at new Medical Plaza 1 in Bethlehem
People living in Bethlehem and near the surrounding Georgia Highway 316 corridor can now get urgent care, primary care and specialty care all in one convenient location as Northeast Georgia Health System’s (NGHS) new Medical Plaza 1 opened today. “Seeing this building come to fruition in a community that means so much to me is […]
News Release: PMB partners with Abrazo Health on the first combination medical office and inpatient rehabilitation facility in Goodyear, Arizona
The 46,000 square-foot healthcare space will provide a variety of medical clinic services for the community as well as inpatient rehabilitation programs GOODYEAR, Ariz. and SAN DIEGO, Calif., August 16, 2024 – PMB, a leading healthcare real estate developer, joined Abrazo Health and local leaders to officially break ground on the Abrazo Health Litchfield Medical […]
News Release: SK Commercial Realty Announces Sale of Fully-Leased Medical Office Building in Suwanee for $17.15 Million
ATLANTA, Aug. 15, 2024 /PRNewswire/ — SK Commercial Realty is pleased to announce the successful sale of 4025 Johns Creek Parkway, Suwanee, GA 30024. The property, boasting 44,375 square feet of fully-leased medical space, sold for $17,150,000. The buyer, Remedy Medical Properties, acquired a strategically-located asset that houses reputable tenants such as Resurgens Orthopaedics, Atlanta […]
News Release: $52M refinancing secured for California seniors housing community
JLL Capital Markets led the refinancing effort with MidCap Financial providing the loan for the 168-unit Atria Newport Beach in Newport Beach, California SAN DIEGO, Aug. 15, 2024 – JLL Capital Markets announced today that it arranged a $52 million refinancing for Atria Newport Beach, a 168-unit senior living community located in the Newport Beach enclave […]
News Release: AdventHealth Wesley Chapel Expanding to Better Serve Pasco County
August 15, 2024 — WESLEY CHAPEL, Fla. – AdventHealth Wesley Chapel is excited to announce a major expansion to support the growing community of Pasco County. Construction began in early July, with the new additions expected to be ready by late 2025. State and local leaders, including Rep. Randy Maggard, who serves District 38, and […]
News Release: Medical Properties Trust Sells 11 Colorado Facilities for $86 Million
August 14, 2024 04:15 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the completion of its sale of 11 freestanding emergency department (“FSED”), primary care, imaging and urgent care facilities in Colorado to University of Colorado Health (“UCHealth”) for $86 million. The Company intends to […]
News Release: Webster Bank Healthcare Underwrites $30,600,000; Helps Arrange and Underwrite $58,400,000 in Development Capital for Anchor Health Properties
STAMFORD, CT August 14 2024 – Webster Bank Healthcare has underwritten $30,600,000 and helped arrange and underwrite $58,400,000 in construction and mini-permanent debt financing for Anchor Health Properties in support of the ground-up development of two Inpatient Rehabilitation Facilities (IRF) – a 61,000 square foot, 52- bed IRF in Apex, North Carolina and a 100,000 […]
News Release: Lilly opens state-of-the-art research and development center in the Boston Seaport
Lilly Seaport Innovation Center (LSC) serves as the central hub for Lilly’s genetic medicines efforts and houses the first East Coast Lilly Gateway Labs New 346,000 square foot facility will accommodate approximately 500 Lilly scientists and researchers, in addition to 200 people from Lilly Gateway Labs’ companies INDIANAPOLIS, Aug. 13, 2024 /PRNewswire/ — Eli Lilly and […]
News Release: OhioHealth O’Bleness Hospital Kicks off $17 Million Surgery Project
OhioHealth announced today a capital investment that will transform OhioHealth O’Bleness Hospital’s surgery facilities. In fall 2023, the OhioHealth Board of Directors approved $17.2 million to be used for O’Bleness Hospital surgical suite improvements, including its operating rooms, Post Anesthesia Care Unit (PACU), sterile processing area and other support and storage areas. This is the latest in […]
News Release: South Florida Baptist Hospital’s Grand Opening Ushers in New Beginning
PLANT CITY, Fla., Aug. 10, 2024 /PRNewswire/ — The new South Florida Baptist Hospital, part of BayCare Health System, is officially open. The 424,000-square-foot facility replaces the original hospital on Alexander Street, which served the Plant City, Florida, community for more than 70 years. As of 3 a.m. Saturday, the legacy hospital permanently closed and […]
News Release: Sold: Dignity Health Micro-Hospital in Phoenix, AZ MSA
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a micro-hospital located in a rapidly growing area in Phoenix, AZ, the capital and most populous city of Arizona. The multi-specialty Hospital and emergency care center is 100% leased and operated by Dignity Health (Fitch A-) and offers the same level […]
